MGP Ingredients Inc. (MGPI)

86.54
NASDAQ : Process Industries
Prev Close 87.53
Day Low/High 86.18 / 88.83
52 Wk Low/High 43.10 / 90.34
Avg Volume 137.20K
Exchange NASDAQ
Shares Outstanding 16.73M
Market Cap 1.38B
EPS 1.80
P/E Ratio 32.54
Div & Yield 0.16 (0.19%)

Latest News

Noteworthy Wednesday Option Activity: MGPI, AOBC, YELP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MGP Ingredients Inc , where a total volume of 663 contracts has been traded thus far today, a contract volume which is representative of approximately 66,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.2% of MGPI's average daily trading volume over the past month, of 146,695 shares.

MGPI Crosses Above Average Analyst Target

In recent trading, shares of MGP Ingredients Inc have crossed above the average analyst 12-month target price of $76.25, changing hands for $77.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Hold on for a Wild Ride: Cramer's 'Mad Money' Recap (Friday 12/1/17)

Hold on for a Wild Ride: Cramer's 'Mad Money' Recap (Friday 12/1/17)

From tax cuts to the Flynn fallout, Jim Cramer says investors have to be covered.

Short Interest Drops 18.7% For MGPI

The most recent short interest data has been released for the 11/15/2017 settlement date, which shows a 472,951 share decrease in total short interest for MGP Ingredients Inc , to 2,053,136, a decrease of 18.72% since 10/31/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

MGP Ingredients Reaches Analyst Target Price

In recent trading, shares of MGP Ingredients Inc have crossed above the average analyst 12-month target price of $69.00, changing hands for $70.01/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

MGP Ingredients Reports Third Quarter 2017 Results

MGP Ingredients Reports Third Quarter 2017 Results

Strong Premium Beverage Alcohol Net Sales Growth of 16%

MGP Ingredients Reports Second Quarter 2017 Results

MGP Ingredients Reports Second Quarter 2017 Results

Strong Performance Across Both Segments Drives 15% Increase in Operating Income

MGP Declares $0.85 Special Dividend

MGP Declares $0.85 Special Dividend

Board approves distribution of cash related to recently concluded sale of ICP

Insiders Seeing Green With MGPI At New 52-Week High

In trading on Thursday, shares of MGP Ingredients Inc touched a new 52-week high of $58.99/share. That's a 84.75% rise, or $27.06 per share from the 52-week low of $31.93 set back on 10/21/2016.

MGP Reaches Agreement To Sell Stake In ICP Joint Venture

Board expects to declare special dividend of approximately $0.85 per share after closing

Relative Strength Alert For MGP Ingredients

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

MGP Ingredients Reports First Quarter 2017 Results

Premium Beverage Alcohol Drives 13% Revenue Increase; Net Income Increases 23%

2 Alcohol Stocks That Could Drive Stellar Gains

2 Alcohol Stocks That Could Drive Stellar Gains

This category of 'sin' stocks continues to deliver exceptional returns.

MGP Ingredients To Webcast Analyst Day

MGP Ingredients Reports Strong Fourth Quarter And 2016 Results

Full Year Operating Income Increases 27.8%, Reflecting Operating Performance and Special Items

MGP Ingredients About To Put More Money In Your Pocket

Looking at the universe of stocks we cover at Dividend Channel, on 2/27/17, MGP Ingredients Inc will trade ex-dividend, for its quarterly dividend of $0.04, payable on 3/24/17. As a percentage of MGPI's recent stock price of $44.54, this dividend works out to approximately 0.09%.

MGP Ingredients Declares $0.04 Quarterly Dividend

Company doubles quarterly dividend

TheStreet Quant Rating: A (Buy)